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Santa Clara-based chipmaker Intel plans to lay off tens of thousands of more employees by the end of the year and introduce a ...
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NBC4 WCMH-TV on MSNInside Intel’s announcement to further slow construction in New AlbanyIntel is further slowing its construction in Ohio, the company announced Thursday during its Q2 financial reports. Intel’s Q2 results were slightly better than anticipated but came with more ...
Intel has announced another major round of layoffs. The company now expects to end 2025 with approximately 75,000 core ...
Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.
The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...
Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan ...
Updated: Our sources tell us mostly back office staff were let go, and that the mood in the office is very pessimistic ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...
We] invested too much, too soon—without adequate demand,” said Lip-Bu Tan. The chip giant will slow or abandon a number of ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
Intel canceled multiple manufacturing projects in Europe and delayed its Ohio chip plant for the second time this year.
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